Women Entrepreneurs debt fund LP
Status: Completed investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
FMO committed to become a strategic partner and invest USD 30 million in the Women Entrepreneurs Debt Fund which is managed by IFC Asset Management Company. The total targeted Fund size amounts to USD 150 million. the Fund will provide senior loans to local financial institutions globally across emerging markets, to be on-lent to women owned SME’s ("WSMEs"). The Fund is part of the overall Women Entrepreneurs Opportunity Facility that was launched in March 2014 by IFC and Goldman Sachs Foundation.
What is our funding objective?
Gender finance is becoming an increasingly important priority of impact investors and policymakers globally, and is showing to be a high potential market opportunity. Women across the globe are still an underserved market. The objective via this Fund is providing financing via targeted financial institutions to women owned or controlled SME's in emerging markets.
Why do we fund this investment?
This transaction offers FMO to participate in the first of its kind debt fund and act as strategic partner and anchor investor, while being represented on the advisory board of the Fund. Also, FMO is well positioned to optimize knowledge transfer and support advisory projects on the gender financing topic with a wider range of stakeholders. An other element of the transaction worthwhile mentioning is the set of defined "Impact Indicators" which should be met when selecting potential investments by the Fund ensuring that development impact and truly reaching WSMEs in the markets where it is most needed is secured.
- Country
- Global
- Sector
- Financial Institutions
- Effective date
- 5/10/2016
- End date
- 7/17/2023
- Total FMO financing
- USD 30.00 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B